7.1. HRSR 11-25-2002 - Laserfiche WebLink

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Report on Structurally Substandard Building Building ID/Business Name/Address: 41111■ 8-1-6 Structurally Substandard Building(Y/N): N Step One Under the tax increment law,specifically,Minnesota Statutes,Section 469.174,Subdivision 10,a building is structurally substandard if it contains"defects in structural elements or a combination of deficiencies in essential utilities and facilities,light and ventilation,fire protection including adequate egress,layout and condition of interior partitions,or similar factors,which defects or deficiencies are of sufficient total significance to justify substantial renovation or clearance." The above building,based upon exterior inspection and review of building permit records,meets the above- referenced definition of structurally substandard for the following reasons: Structural Elements • Large crack in exterior wall at southwest corner of building in need of repair Essential Utilities&Facilities • Deficient in facilities for disabled: no van accessible parking available Light&Ventilation • Deficient in meeting Mechanical code: for building construction prior to 1989,mechanical systems do not provide sufficient number of air exchanges Fire Protection/Egress • • Deficient exterior stairway: additional handrail required;deficient handrail terminations and extensions Similar Factors • Portion of metal roof edge fascia is missing;majority of metal roof edge fascia in need of paint Step Two Notwithstanding the foregoing,the tax increment law also provides that a building may not be considered structurally substandard if it is in compliance with the building code applicable to new buildings or could be modified to satisfy the current building code at a cost of less than 15%of the cost of constructing a new building of the same square footage and type on the same site. Estimated cost of new building of same size and type(Total Replacement Cost): $418,503.74 Estimated cost of correction of code deficiencies(Total Deficiency Cost): $56,998.08 Percentage of Code Deficiency to Replacement Cost: 13.62% Refer to Individual Building Summary Report for documentation of specific code deficiencies. •